We started this brand as a power bank brand, since 2016 we sold over 30,000 power banks, then we also added headphones.
Can give more information if you DM me.
The business, established in 2016, originated from the founder's interest in power banks, which led to purchasing and selling them in bulk from China. Following the successful sale of the initial batch, the founder continued this venture, experimenting with various models and capacities to remain current with market trends. The company is highly scalable with appropriate marketing and resources.
Key aspects of the business include having four active product lines, thousands of high ratings averaging 4.5 stars, a low refund rate, and an easy-to-manage business model. Inventory is sourced from a single supplier in China known for quality and efficient turnaround, typically receiving stock within 25 days. To minimize costs, inventory is primarily stored in a personal warehouse, shared with a friend, reducing monthly rent to $500. Customer service, including query and email management, is currently managed solely by the founder, which remains feasible at this business stage.
The decision to sell the business stems from the founder's focus on other projects in the cryptocurrency sector. Believing that the business could flourish further, the founder seeks a successor who can invest the necessary time and capital. Growth opportunities identified include enhancing marketing strategies and expanding shipping capabilities to additional countries.
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1. Agreements & Contracts.
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